Project ID: 53155

PetroChina Granted 1.2 Million Liters Petroleum to Nepal (linked to #53157)

Summary

Funding agency [Type]

Unspecified Chinese Government Institution [Government Agency]

Recipient

Nepal

Sector

Energy (Code: 230)

Flow type

Grant

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

ODA-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2015-10-28

Actual start

2015-10-31

Actual complete

2015-10-31

Geography

Description

On October 28, 2015, China National United Oil Corporation signed a memorandum of understanding with Nepal Oil Corporation (NOC) to grant 1.2 million liters of petroleum to Nepal. On October 31, 2015, China handed over the oil. The grant aimed at helping relieve the acute energy shortage in Nepal. "We have received 73.5 metric tons of petrol from China in these two days," NOC spokesperson Deepak Baral told Xinhua. In December of the same year, China provided an additional 1.4 million liters (captured in project (#53157)

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Implementing agencies [Type]

PetroChina [State-owned Company]

Nepal Oil Corporation Limited [State-owned Company]